Nigeria, Ethiopia, Malawi, Sierra Leone, and Zimbabwe are the Sub-Saharan African (SSA) countries with the biggest rise in food inflation…
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Nigerian And World Or International Business News
The News Chronicles’ findings indicate that 5.8 million unmetered customers pose a challenge to the federal government’s ambitious goal of…
Microsoft has underscored the transformative potential of technology, particularly artificial intelligence (AI), in addressing many of Africa’s challenges. Among these…
French media firm Vivendi’s Canal+, on Monday, initiated an all-cash obligatory bid to acquire all remaining shares of South African…
In a move indicative of its ongoing restructuring agenda, the Central Bank of Nigeria (CBN) has proceeded with the termination…
The market for commercial papers (CPs) has witnessed a steady surge in activity as businesses facing foreign currency (FX) liabilities…
The naira surged against the US dollar, reaching its highest point since its devaluation in January. Bolstered by growing confidence,…
The Chartered Institute of Bankers of Nigeria (CIBN) has surpassed the N1 billion mark, achieving a net operating surplus of…
Renowned author and financial expert Robert Kiyosaki has weighed in on predictions by economist Harry Dent, particularly regarding the potential…
As the fourth Bitcoin halving approaches, set to occur in approximately 15 days, the global Bitcoin community is bracing for…
Nigerians who have registered for a National Identification Number (NIN) will soon be able to request a National ID card…
The Nigerian Electricity Regulatory Commission (NERC) has stated that all consumers who were incorrectly billed at the increased rate should…
The Lagos State government has issued a demolition warning to the owner of the $200 Landmark Beach Resort, a popular…
The rights issue of 63,342,455 ordinary shares of 50 kobo each by VFD Group Plc, valued at N197.33 per share…
Former vice president Atiku Abubakar on Friday declared that Nigerians’ suffering would worsen as a result of the Tinubu administration’s…
As semiconductor prices rebound, Samsung Electronics announced on Friday, April 5 that it anticipates first-quarter operational profits to increase more…
KPMG has asserted that Nigeria must tackle the foundational supply-side constraints fueling cost-push inflation; otherwise, the efficacy of the Central…
Transnational Corporation Plc (Transcorp), a Nigerian-listed corporation, announced a 91% increase in earnings in the preceding year. The group’s after-tax…
The average annual maintenance cost of a car in Nigeria stands at N845,000, with projections indicating an upward trend due…
Cargo transport saw a significant rise as the Federal Government earned N1.07 billion from rail operations in the fourth quarter…
The Africa Export-Import Bank (AFREXIMBANK), Woodhall Capital, and Sterling Bank, a division of Sterling Financial Holdings Company PLC, have joined…
Lekki Deep Sea Port Enterprise Limited reported that, as of June 2023, it had handled more than 25,000 transshipments. In…
President Bola Tinubu has authorized nearly N1.1 trillion for the Federal Capital Territory’s statutory budget for the 2024 fiscal year,…
Chams Holding Company Plc reported a profit after tax of N20.2 million in fiscal year 2023, the company’s first profit…
The volume of shares traded last week was boosted by high transactions in the shares of three banks: Guaranty Trust…
For the fourth time since 2019, Zenith Bank Plc has taken home the title of “the Best Bank in Nigeria”…
In 2023, the eleven distribution firms of electricity (DisCos) in Nigeria’s energy supply sector generated N1 trillion in revenue, which…
The World Bank has expressed satisfaction with Nigeria’s performance in the competition to guarantee the digital identification of its citizens…
Treasury bills valued at N1.64 trillion were up for auction by the Central Bank of Nigeria (CBN). The higher stop…
Limits on trade and payment services transactions on the Pan African Payment and Settlement System (PAPSS) have been lifted by…